Founded in 1994, BanRegio is positioned as a leading financial institution for SMEs based on its commitment to fostering entrepreneurship and socioeconomic development in Mexico. SME loans represent 75 percent of the bank’s productive assets, and Preferred Banking represents 12 percent. In 2018, Banregio began a complete transformation that included everything from its logo and the image of its branches to increased use of digital channels and simplification of products and processes.
In 2016, Banregio designed a Mentoring Program for owners of micro, small and medium businesses to develop practical knowledge and skills. The program includes one-on-one mentoring as well as business workshops and networking events. Since then, over 900 companies from different economic sectors have benefited from this program – 41 percent of them owned by women. The results include an increase in sales of 1,520 million MXN (US$79 million) and over 7,500 jobs retained and created.
Clara Banregio was launched in March of 2019 in order to increase financial literacy and education for women. Through workshops, events and digital channels, women learn from other women on a variety of topics related to finance and managing money. Over 600 women have attended these workshops and events since the program’s launch.